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Ellex Advises BaltCap on Sale of Labochema to Dominique Dutscher

Ellex Advises BaltCap on Sale of Labochema to Dominique Dutscher

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Ellex has advised the BaltCap Lithuania SME Fund on the sale of its 46% stake in Labochema to France's Dominique Dutscher.

According to Ellex, “Labochema’s former CEO and current chairman also sold their shareholdings. As a result of the transaction, Dominique Dutscher now controls 100% of Labochema. This operation will reinforce Dominique Dutscher’s position as the largest independent European distributor of laboratory supplies with circa EUR 300 million of combined revenue.”

According to the firm, Labochema is a provider of integrated laboratory solutions founded in 1997, with branches in all three Baltic countries. It also controls Gidela, a laboratory furniture company.

Ellex Valiunas’s team included Partner Robertas Ciocys and Associate Ieva Krivickaite.

The firm did not reply to our inquiry about the deal.

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